transferred his assets abroad - as with that kind of money I would have already taken up residence in Bermuda
You cant just leave your annoying family and go and live in Bermuda! Even if it has 0% tax. And great weather. And cheap food. And cheap drink.... Sorry what?
I spent over 30mins reading your site Bill.
Every idea I've had to avoid tax -- you offer the support for when you get caught doing it. (Which means all my ideas are old, no longer working, and just terrible)
There has to be some legal ways to avoid tax. Jimmy carr - what he was doing wasn't illegal - But from what I've read - it no longer works, and now people are having to pay back all the tax they owed - plus interest. So not a good idea in the long run.
I'll be honest - I've only got maybe another 2 or 3 years making this GREAT money - then it will all stop. If I had a business - where I knew I was going to keep getting it for years and years - and could put money back into the business to help make more -- id just happily pay my tax!!
But this money will STOP in about 3 years - then its back to nothing. The money I will have given to the tax man - could have let me forget about working for the rest of my life. (And I know the money left after tax is still great - but that other money would help - it would have got me a house or something!)
Maybe I need to talk to the accountants of celebs or sports people with short careers - they must try something to keep as much money as possible for when their careers are over.
Thanks for the replies anyway guys!